RE:Michael Sprung - BNN -BUY... and "if interest rates fall", the share price of companies with a "good dividend yield" will be bid higher as yields decline in T-bills, bonds, and GIC's. We already saw a sharp rise in companies that pay a good dividend yield and The Fed, BofC haven't even cut rates yet. Only a whiff of interest rate cuts sent the banks, insurance companies, utilities substantially higher. A sign of things to come in a declining interest rate environment.